The last time we stopped by 42-83 Hunter Street in May, excavation was about to wrap.1 When we stopped in last week, we saw that both excavation and foundation work had finished, as seen in the photo below.
Permits approved by the Department of Buildings on March 12, 2015 call for an 8-story, 15 unit purely residential build with a FAR of 4.93.2 That works out to 12,336 square feet of residential space. New York YIMBY first spotted the permits back in December 2014, which were filed right before the new building code took effect.3

Foundation work is complete at 42-83 Hunter Street